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Stock Prices

FXI

China's imports for July increased by 7.2% year-over-year, significantly surpassing the estimated 3.5% and recovering from a prior decline of -2.3%.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 4:48 am

FXI

China's exports for July grew by 7.0% year-over-year, falling short of the estimated 9.7% and the prior month's 8.6%.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 4:48 am

BTCUSD

DOGEUSD

ETHUSD

SHIBUSD

SOLUSD

Cat-themed meme coin, Cat in a Dogs World (CRYPTO: MEW), emerged as the best-performing cryptocurrency, surging 20% in the last 24 hours. This rally helped investors recover losses from the weekend and improved MEW's monthly gains to 57%. Other Solana-based meme tokens like Dogwifhat (CRYPTO: WIF) and Bonk (CRYPTO: BONK) also saw gains. Despite the surge, a 14% dip in MEW's trading volumes raises questions about the rally's sustainability.

Portfolio Pulse from Aniket Verma

August 07, 2024 | 4:27 am

BLDR

CAT

PLNT

TAP

UBER

YUM

Jim Cramer suggests that despite market turmoil, strong corporate earnings from companies like Uber, Caterpillar, and others indicate that the U.S. is not heading into a serious recession.

Portfolio Pulse from Benzinga Neuro

August 07, 2024 | 3:48 am

FBTC

GBTC

Peter Schiff criticizes owning Bitcoin in ETFs, arguing it contradicts Bitcoin's core values of decentralization and peer-to-peer transactions. Schiff's comments come amid a volatile period for Bitcoin, with significant outflows from U.S.-based Bitcoin ETFs, including Grayscale Bitcoin Trust and Fidelity Wise Origin Bitcoin Fund.

Portfolio Pulse from Aniket Verma

August 07, 2024 | 3:27 am

ABNB

DELL

RDDT

RIVN

TSLA

U.S. stocks surged on Tuesday with the Dow Jones, NASDAQ, and S&P 500 all experiencing gains. Key stocks on investors' radars included Reddit, Dell, Airbnb, Rivian, and Tesla, each reacting to various company-specific news.

Portfolio Pulse from Benzinga Neuro

August 07, 2024 | 3:18 am

MSFT

RDDT

Reddit Inc. (NYSE:RDDT) CEO Steve Huffman announced restrictions on content access, targeting companies like Microsoft (NASDAQ:MSFT) for scraping data without agreements. This policy shift aims to enhance data transparency and user privacy. Despite a strong Q2 earnings report, Reddit's stock fell 4.31% and continued to decline in after-hours trading.

Portfolio Pulse from Ananya Gairola

August 07, 2024 | 2:56 am

BTCUSD

DOGEUSD

ETHUSD

Bitcoin gains while Ethereum and Dogecoin dip as investors recover from 'Extreme Fear.' Bitcoin's price action remains volatile, with predictions of a new high taking 'many weeks.' The stock market also rebounded after Monday's sell-offs.

Portfolio Pulse from Aniket Verma

August 07, 2024 | 2:40 am

RDDT

Reddit Inc. (NYSE:RDDT) plans to introduce monetization features for developers, allowing users to create and earn money on the platform. This move aims to diversify revenue streams and enhance user engagement. Despite a 54% year-over-year revenue increase in Q2, Reddit's stock declined due to the upcoming end of the pre-IPO lockup and conservative forecasts.

Portfolio Pulse from Kaustubh Bagalkote

August 07, 2024 | 2:35 am

AMD

AMZN

ARKF

ARKK

ARKQ

ARKW

ARKX

RDDT

Cathie Wood's Ark Invest made significant trades in Amazon, Reddit, and AMD. Ark ETFs including ARKF, ARKK, ARKW, ARKQ, and ARKX were involved. Reddit reported strong Q2 revenue but faces challenges. Amazon remains a popular choice for Ark. AMD shares rose amid NVIDIA's design flaw issues.

Portfolio Pulse from Benzinga Neuro

August 07, 2024 | 2:29 am